Capital Investment Advisory Services LLC Grows Position in AB Short Duration High Yield ETF (NYSEARCA:SYFI)

Capital Investment Advisory Services LLC lifted its stake in AB Short Duration High Yield ETF (NYSEARCA:SYFI) by 21.4% during the 4th quarter, Holdings Channel reports. The institutional investor owned 64,569 shares of the company’s stock after purchasing an additional 11,392 shares during the quarter. Capital Investment Advisory Services LLC’s holdings in AB Short Duration High Yield ETF were worth $2,303,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Raymond James & Associates raised its stake in AB Short Duration High Yield ETF by 44.6% during the 3rd quarter. Raymond James & Associates now owns 539,909 shares of the company’s stock worth $19,410,000 after acquiring an additional 166,632 shares during the period. Cetera Investment Advisers bought a new stake in shares of AB Short Duration High Yield ETF during the 2nd quarter valued at $7,291,000. Truist Financial Corp bought a new position in AB Short Duration High Yield ETF in the 2nd quarter worth $5,250,000. Great Valley Advisor Group Inc. boosted its holdings in AB Short Duration High Yield ETF by 39.8% in the 3rd quarter. Great Valley Advisor Group Inc. now owns 146,627 shares of the company’s stock worth $5,271,000 after buying an additional 41,745 shares during the period. Finally, Envestnet Asset Management Inc. bought a new stake in AB Short Duration High Yield ETF during the second quarter valued at about $4,067,000.

AB Short Duration High Yield ETF Stock Performance

Shares of AB Short Duration High Yield ETF stock opened at $36.10 on Thursday. AB Short Duration High Yield ETF has a 52 week low of $34.82 and a 52 week high of $36.29. The stock’s 50-day simple moving average is $35.85 and its 200-day simple moving average is $35.70.